Indonesia seeks to shore up confidence in economy


Rupiah rises: The rupiah jumped to a two-week high on hopes central bank actions will relieve persistent pressure on the country’s financial markets. — Reuters

Odds rise on central bank raising rates at policy meeting tomorrow

JAKARTA: Indonesia’s top policymakers sought to shore up confidence in South-East Asia’s biggest economy, as bets grow that the central bank will raise interest rates for the second time in two weeks at an out-of-cycle policy meeting tomorrow.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Indonesia , interest rate , rupiah

   

Next In Business News

Khairy Jamaluddin named member of India-based Fischer Medical Ventures board
Ringgit has been unfortunate, unfairly assessed vs US dollar -BNM
Wall St set for muted open as weak earnings offset jobless claims relief
Creador’s Brahmal emerges as substantial shareholder of MCE Holdings
US weekly jobless claims increase more than expected
AmBank launches revamped AmOnline mobile banking
Pentamaster to prioritise sustainability
Kerjaya Prospek Property to jointly develop Batu Kawan land for proposed mixed development
Ringgit almost unchanged against greenback at the close
Malaysia to retain lead in Asia-Pacific Islamic banking market - S&P Global

Others Also Read